People are loathe to move on December 1 or January 1. The reality of the situation for many owners of luxury North shore or Vancouver houses for rent is that if your home is vacant over the holiday season than you are making zero revenue. As one of the most respected North shore and Vancouver property management companies our job is to help Vancouver rental house and Vancouver furnished apartment owners maximize rental income. Sometimes this includes advising clients to accept an offer that is lower than what they were hoping to get if the other option is potential vacancies for a month or two. When annualized over a one year term this lower rent is often still more money than including a month of zero income.This is why whenever possible you should try to structure your lease so it comes due at a more prime rental time of the year versus over the holiday season.
Another option still is to accept a short term tenant for two or three months to take you through this traditionally slower time of the year and gear up for a long term tenant on February or March 1. Every property is unique, whether its a luxury West Vancouver house for rent or a Yaletown furnished condo, price the home correctly and be aggressive with your marketing strategies and you will have success finding a AAA tenant.
Orca Realty Inc.
Unit 204 – 2438 Marine Dr. West Vancouver, BC, V7V 1L2 Canada
Vancouver office: Unit 302 – 2309 West 41st Ave – Vancouver, BC, V6M 2A3 Canada
Orca Realty is a full service rental property management company you can trust to handle all of your property management needs.
Our values of dedication, integrity and commitment embody the Orca Realty philosophy and through personalized service, meticulous attention to detail, and the highest ethical standards, we provide professional, cost effective management services for all types of residential properties.